Suburb Report

Newborough, VIC 3825

Newborough is one of regional Victoria’s quiet achievers. House values have climbed 16% in the past year — outpacing the broader Latrobe region. Latitude’s dedicated research team analyses market trends, uncovers opportunities, and delivers the in-depth insights that drive every project decision we make.

Newborough VIC 3825 — Suburb Report | Latitude Real Estate
Latitude Property Group
Newborough, VIC 3825
Suburb Statistics Report
📅 Prepared 5 May 2026 📍 Latrobe Region 👤 Population 6,886 🏠 19.5 km²
House median value
$493.6K
Mar 2026  ↑ +16.0% YoY
Unit median value
$318.3K
Mar 2026  ↑ +18.0% YoY
Land median price
$214.8K
12-month median
Houses sold (12M)
174
Avg 12.8 yr tenure
House median value — 12 months
Newborough
House values rose from $426K in Apr 2025 to $494K in Mar 2026.
House sales per annum
Newborough Latrobe
Newborough rose to 174 sales in 2026; Latrobe 2031.
Land sales per annum
Newborough Latrobe
Land sales peaked in 2022 then fell; recovering in 2026.
House sales by price bracket — Jan 2026
Newborough Latrobe
Most Newborough sales $400K–$600K (115 properties).
Median days on market — houses
Newborough Latrobe
Newborough improved from 61 to 25 days; outperforming Latrobe's 49.
Price quartiles — houses (12 months)
Upper quartile (75th percentile)$520,000
Median price$468,500↑ 16%
Lower quartile (25th percentile)$410,500
House median rent
$465/w
Mar 2026  ↑ +10.7% YoY
Unit median rent
$300/w
Mar 2026  ↑ +9.1% YoY
House rental yield
5.0%
Value-based · Mar 2026
Unit rental yield
5.7%
Value-based · Mar 2026
House median rent — Newborough vs Latrobe
Newborough Latrobe
Newborough rent rose from $440/w to $465/w, above Latrobe's $450/w.
Rental rate observations — houses
Rental observations grew from 59 to 105 over the year.
House rental yield trend
Yield steady around 5.1–5.2%, settling at 5.0% in Mar 2026.
Population (2021)
6,886
↑ +1.8% from 2016
Median age
43
vs Vic avg 38
Median wkly income
$1,165
Household
Owner-occupied
70.9%
↑ 2021 vs 69.6% in 2016
Household structure
Childless couples 41.2%, couples with children 36.5%.
Tenure type (ABS 2021)
Owned outright 37.1%, mortgage 33.8%, rented 25.4%.
Dwelling structure (ABS 2021)
Separate house
87.1%
Semi / townhouse
12.3%
Flat / apartment
0.3%
Occupation (top)
Trades
19.7%
Community svc
15.3%
Clerical
13.8%
Professional
12.5%
Labourer
11.9%
Education level
Certificate
53.7%
Adv diploma
13.8%
Bachelor
11.8%
Grad diploma
2.4%
Postgrad
2.0%
Houses approved (FY25)
2,977
Hume City  ↑ +581 YoY
Other dwellings (FY25)
801
Hume City  ↑ +148 YoY
Total FY25
3,778
↑ +729 from FY24
FYTD FY26 (Feb)
2,252
Houses + other
Residential building approvals — Hume City
Houses Other dwellings
Approvals peaked in 2020-21 at 3,952 and have recovered to 3,778 in FY25.
Annual change in approvals
Houses (positive) Houses (negative) Other (positive) Other (negative)
Largest positive change FY25 (+729 total); largest decline FY22 (-962).
Data sources: Cotality (CoreLogic) Suburb Statistics Report — Newborough VIC 3825, prepared 5 May 2026. Australian Bureau of Statistics 2021 Census QuickStats. ABS Building Approvals (8731.0) compiled by .id informed decisions. © 2026 RP Data Pty Ltd trading as Cotality. All rights reserved. This report is for general information purposes only and does not constitute financial or investment advice.